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Home / Opinion Digests / Contract – Real Property – 'Suitable Financing' – Loan From Father (access required)

Contract – Real Property – 'Suitable Financing' – Loan From Father (access required)

Where the buyer promised to purchase the tract of real property contingent on his being able to obtain "suitable financing," and buyer, at the time he signed the contract, anticipated being able to get a loan from his father on favorable terms, but after the father could not make the loan, buyer discontinued his attempts ...